Why is $ALT surging, with a 16.61% gain in 1 hour?

This sharp move brings the total 24-hour gain to 11.66%, with trading volume reaching $8.3M. The day's range recorded a low of $0.00949 and a high of $0.01178.

The current price is $0.01123, about 4.67% below the high reached in the past 2 hours after a brief pullback. There is no official information yet explaining the reason for this surge.

I’ll continue to monitor the price reaction around the previous high of $0.01178 to assess the next trend.

Open $ALT and compare its move with the rest of the market today.
Rapid moves come with significant risk due to wide price swings.

Not financial advice. DYOR.
#ALT